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CHANGE TO BIWEEKLY PAYROLL ACADEMIC YEAR EXEMPT STAFF FAQs June 2016 **When you return to work in August, you will be moved to the biweekly payroll. Please read below to understand why Bentley is

How to fill out change to bi-weekly payroll

How to fill out change to bi-weekly payroll:

1. Consult with the HR department or payroll administrator: Before making any changes to the payroll schedule, it is important to coordinate with the HR department or the payroll administrator in your organization. They can provide guidance on the proper procedures and any necessary paperwork.
2. Review the current payroll schedule: Take a close look at the current payroll schedule to understand how it operates. Note the frequency of pay periods, the timing of payments, and any associated deadlines or requirements.
3. Determine the frequency of the new bi-weekly schedule: Decide on the specific frequency for the bi-weekly payroll schedule. Bi-weekly pay periods typically occur every two weeks, resulting in 26 pay periods in a year. This is different from semi-monthly pay periods, which occur twice a month, resulting in 24 pay periods in a year.
4. Update the payroll system: Make the necessary changes to the payroll system to accommodate the bi-weekly schedule. This may involve adjusting the pay periods, updating employee information, and modifying any automated processes.
5. Communicate the changes to all employees: Inform all employees about the change to the bi-weekly payroll schedule. This can be done through written notices, email, or company-wide meetings. Provide clear instructions on how the new schedule will operate, including any changes to submission deadlines or payment dates.

Who needs change to bi-weekly payroll?

1. Employers with a large number of hourly or part-time employees: Bi-weekly payroll schedules are commonly used by employers who have a significant number of hourly or part-time employees. This type of schedule can simplify payroll processing and help ensure accurate payment for employees who work varying hours.
2. Employers looking to standardize pay periods: Bi-weekly pay periods can provide a consistent schedule for both the employer and the employees. By having set pay periods every two weeks, it can help streamline payroll operations and eliminate the need for frequent adjustments.
3. Employees seeking more frequent paychecks: Some employees may prefer bi-weekly paychecks as it offers the opportunity for more frequent payments. This can help with budgeting and managing personal finances.
4. Employers aiming to align with other financial obligations: Aligning the payroll schedule with other financial obligations, such as rent or bills, can be advantageous for both employers and employees. Bi-weekly pay periods may coincide better with these obligations and provide a more convenient payment schedule.
5. Companies looking to simplify payroll processing: Bi-weekly payroll schedules can simplify payroll processing by reducing the number of pay periods in a year. This can lead to fewer calculations and adjustments, potentially saving time and resources for the employer.

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What is change to bi-weekly payroll?

Change to bi-weekly payroll is the switch from a weekly payroll schedule to a bi-weekly payroll schedule, where employees are paid every other week.

Who is required to file change to bi-weekly payroll?

Employers who decide to change their payroll schedule from weekly to bi-weekly are required to file the change to bi-weekly payroll.

How to fill out change to bi-weekly payroll?

To fill out change to bi-weekly payroll, employers need to update their payroll system, inform employees of the change, and adjust the pay dates accordingly.

What is the purpose of change to bi-weekly payroll?

The purpose of change to bi-weekly payroll is to streamline payroll processing, reduce administration costs, and provide a more consistent pay schedule for employees.

What information must be reported on change to bi-weekly payroll?

The change to bi-weekly payroll must include details such as the new pay schedule, pay dates, pay periods, and any changes to employee deductions or benefits.